Durham County December 2018 Market Stats

January's Market Update video for Durham County is out and it's filled with useful information that will help you make smart real estate decisions as you navigate our local market. Here's a quick summary of the information covered in the latest market stats video for Durham County:

During December 2018, the number of active listings in Durham County was down 14% from the previous year and down 18% from the previous month. Durham County's median listing price was $360,000 and the median sold price was $280,000.

Compared to the previous year, the average number of days that properties spent on the market before selling was up 13%. Overall, the number of units sold decreased by 20% year-over-year and decreased by 21% from November 2018.

If you have any outstanding questions regarding the local real estate market, please don't hesitate to contact our Raleigh office at 919.981.6505 to be connected to one of our knowledgable and experienced real estate brokers.